MAJOR NATIONAL TENANT WITH SRONG FINANCIALS
» Dollar General Corporation is rated “BBB” by Standard & Poor’s and “Baa2” by Moody’s
» Dollar General’s yearly revenues exceed $20 billion
» Dollar General operates 13,000 locations in 43 states and has plans for significant future growth

HOUSTON MSA LOCATION WITH LARGE PRIMARY TRADE AREA
» Cleveland has a primary trade area of over 81,400 people
» The Houston MSA added approximately 159,000 residents between 2014 and 2015, the largest gain of any metro area in the U.S.
» The Houston MSA is the fifth-largest MSA in the U.S. and is home to more than 6.5 million people

Property Description

SOLD

The property is located on Fostoria Road, with excellent access and visibility to 4,350 vehicles per day. Access to U.S. Highway 59/Interstate 69 is approximately a mile from the site down Fostoria Road. The highway has a high traffic count of 45,410 vehicles per day. The highway connects Cleveland to surrounding areas, including downtown Houston, and allows Cleveland to serve its large retail trade area of over 81,400 people. Situated approximately seven miles outside of downtown Cleveland, the property benefits from its close proximity to many single-family homes. These residential neighborhoods provide a strong customer base for Dollar General.